In a landmark decision, the US Supreme Court has allowed the enforcement of the Corporate Transparency Act (CTA) and reinstated the federal anti-money laundering law, which includes provisions aimed at enhancing small business registration to combat financial crimes. This move follows various challenges surrounding the beneficial ownership information reporting requirements, with several notable legislators proposing to repeal the CTA while others seek clarity on its implications. As the court lifts pauses on these pivotal laws, small business owners and legal experts are advised to stay informed on reporting obligations and ongoing developments regarding corporate disclosure.